Assistant Vice President, Product Management

Company Profile:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment, and wealth management services. The Firm's employees serve clients worldwide, including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

In Wealth Management, we help people, businesses and institutions build, preserve, and manage wealth so they can pursue their financial goals. 

What you’ll do in the role:

Morgan Stanley Private Bank NA is seeking an Assistant Vice President, Product Management in New York, New York to assist in the identification, business case development, design, and implementation of Bank strategic initiatives. Partner with Bank Product, Sales, Digital, Finance, Treasury, Analytics, Marketing, Risk, Legal, Compliance, Sourcing, and the Program Management Office teams, and other business units, to evaluate and implement strategic initiatives. Document findings of studies and prepare recommendations for implementation of new systems, procedures, or organizational changes. Conduct market research, competitor research, and data analysis to drive insights and inform recommendations and action plans. Plan study of work problems and procedures, such as organizational change, communications, information flow, and integrated production methods. Synthesize relevant content to develop concise and effective presentations for Senior Leadership. Interview personnel and conduct on-site observation to ascertain unit functions, work performed, and methods, equipment, and personnel used. Assist in program and project management of strategic initiatives delivery and got to market execution. Develop governance materials and presentations for Bank Committees and the Board. Review forms and reports and confer with management and users about format, distribution, and purpose, identifying problems and improvements. Telecommuting permitted up to 1 day per week.

What you’ll bring to the role:

-Requires a Master’s degree in Management Studies, Finance, or a related field of study

-Requires three (3) years of experience in the position offered or three (3) years as an Associate, or a closely related occupation

-Requires three (3) years of experience with the following skills:

• Data analysis and interpretation using large datasets to identify trends, risks, and opportunities;
• breaking down complex, ambiguous business problems into structured and actionable insights;
• assessing industry structure, competitors, and macroeconomic impacts on financial services using tools including S&P Capital IQ;
• handling strategic initiatives end-to-end, setting objectives, timelines, governance, tracking deliverables, and escalating risks;
• working across teams to drive execution and alignment;
• Financial Analysis including modelling, quantitative analysis, and evaluation of business cases;
• preparing slides, reports, and executive summaries for senior management;
• designing KPIs, dashboards, and performance scorecards to track progress on strategic goals;
• identifying bottlenecks, inefficiencies and manual process to drive operational enhancements and efficiencies; and
• handling organizational change and transformation through stakeholder engagement, communication, and adoption of new ways of working.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste into your browser.

Expected base pay rates for the role will be between $135,000 and $140,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

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